Align Technology
ALGN
399 hedge funds and large institutions have $6.49B invested in Align Technology in 2016 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 147 increasing their positions, 131 reducing their positions, and 22 closing their positions.
223% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 22
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
14% more capital invested
Capital invested by funds: $5.67B → $6.49B (+$822M)
13% more funds holding
Funds holding: 353 → 399 (+46)
12% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 131
67% less call options, than puts
Call options by funds: $25.2M | Put options by funds: $76.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$220M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$80.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$74.1M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$55M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$41.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$111M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$98.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$98.3M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$83.1M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$70.4M |
ALGN Hedge Fund Activity: Q3 2016 in Review
399 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2016, worth a combined $6.49B — up 14% from $5.67B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new ALGN positions and 22 closed out — a net gain of 49 holders — while 147 added to existing stakes and 131 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $220M. The largest seller was AllianceBernstein, cutting an estimated $111M.
- 399 institutional investors held Align Technology (ALGN) as of Q3 2016, up from 353 in Q2 2016.
- Funds reported $6.49B of Align Technology stock for Q3 2016, up 14% quarter-over-quarter.
- 71 funds opened new Align Technology positions in Q3 2016 and 22 closed out, a net change of +49 holders.
- The largest Align Technology buyer in Q3 2016 was Lone Pine Capital, an estimated $220M added.
- The largest Align Technology seller in Q3 2016 was AllianceBernstein, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2016.